Gold has had a push up gaining over 20% in the past 2 months. Meanwhile, the US Dollar hasn't seen $1.00 since April and some are saying the feds have been propping it up from dipping even further down. I don't see this trend breaking anytime soon. A push to 2k seems possible if things get worse in the states and investors look for safe places to sit their money....
The New Zealand dollar has been taking a beating all week. With the ECRS reports being the domino that started the trend. My personal take on this pair is a retrace and test of support around the .60369 area and a continuation down.
